Friday, March 31, 2017 8:38:32 PM
1. So we knew about STI/ACS Asset Purchase and License Agreement (APLA) and would be White Labeling STI products.
2. MSFT one-time lump sum settlement payment (9.75M) and a NDA.
3. ACS is one of STIs distributors and after the 30 MAR webinar sounds like ACS is doing the licensing with MSFT. As part of the APLA -- STI will get 15% for the Malware Suite and 20% when ProtectID is involved.
4. ACS finalized their option to purchase the Keystroke encryption patents effective 28 JAN 2016, which just so happens to be around the timeframe of the STI/MSFT settlement win for STI!
ACS stated in webinar they 100% own them now. To make that statement, while at the same time saying they don't own the OOBA patents tells me they are not waiting until 30 SEP 2020 to pay STI and have paid them. Yes, finalized the option to purchase, but don't own them until paid for, right?
Also, as stated in the APLA -- if paid prior to 30 SEP 2020, STI can still receive royalty percentages until then.
5. Mr. Kay has stated the goal is company or products to be bought out! It shaped up to be products buyout!
6. ACS buys the patents for keystroke encryption.
7. OOBA patents will be sold to ?? for Multi-Billion dollar buyout. TPG is at the top of my list!
8. There's talk about uplisting, but don't believe that's the vision/goal! BUYOUT is the Vision/Goal!
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